China means cheap
The issue on the impending fiscal cliff that America may experience this year doesn't bode well with domestic consumers. Try to get inside any Wal-Mart or K-Mart shopping stores and you will witness how the diverse consumers are being taken for a joy ride. This despite calls by some cause-oriented sectors to boycott Chinese-made products that form majority of the display at these shopping stores across America. But why do American consumers flock to these giant stores to buy cheap goods from China? Has it ever occurred to them that the more they buy Chinese products being sold at these big shopping stores, the more China's economy become much stronger and stable? In short, the more trade imbalance between the two countries will be experienced. The answer is simple. Chinese products are much cheaper to buy, even though their quality and durability are questionable. To the millions of consumers, it doens't matter anymore. In these trying times, when the value of the dol...